Cityschools Collaborative

Analysis

Cityschools Collaborative is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Cityschools Collaborative reported income of $8.8m and spending of $10.7m, spending 122% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.1m to $8.8m (+45%), an average of +13% a year. The sharpest change came in the year to June 2022, when income rose by 72%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cityschools Collaborative sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 86th percentile within DC. Charities of a similar size with the same main cause include Eden Theological Seminary ($8.8m), Eagle Arizona ($8.8m) and Caldwell Academy ($8.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $753k (7.0% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $3.1m against liabilities of $1.4m, net assets of $1.7m. It reported 41 employees.